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Vendor Management Services

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Companies across the globe are redesigning their supply chain to reduce labor cost,
reduce need for capital expenditures, increase efficiencies due to economies of
scale and reduce market risk and the ability to focus on the core business.

What is often missed is the risk involved with entering in a business relationship,
with in-sufficient knowledge about the capabilities and willingness of the supplier
march in-line with the long term strategic goals of the company.

To bridge this gap Onicra has created the vendor management program to help
companies “know their supplier better” and strengthen the long term alignment with
their vendors.

Vendor Management Program Overview

The Vendor Management Program (VMP) initiated by ONICRA is a robust program to effectively
evaluate potential suppliers and identify the suppliers that are most capable of
aligning themselves to the manufacturing and business needs of a company. The key
thought behind the program is to do a component wise mapping of vendors tracing
the trail of sub-vendors, subsequently rating & grading the vendors in the pool.
The Oni Segmentation matrix is a proprietary tool used by Onicra to segment the
various components keeping in view the criticality (higher complexity: knowledge,
tooling etc and more capital intensive parts) & volume of the requirement.

The specifics and related to each of the modules of the program are as follows: